How can you apply for a job with Scott County? Does Scott County offer internship opportunities?
How it works/Example: There are generally two types of tariffs. Ad valorem tariffs are calculated as a fixed percentage of the value of the imported good. When the international price of a good rises or falls, so does the tariff. A specific tariff is a fixed amount of money that does not vary with the price of the good.In some cases, both the ad valorem and specific tariffs are levied on the same product.hen the international price of a good rises or falls, so does the tariff. A specific tariff is a fixed amount of money that does not vary with the price of the good. In some cases, both the ad valorem and specific tariffs are levied on the same product.
The purpose of a protective tariff is to protect domestic industry from foreign compitition. Say that it cost your country $10.00 to produce a widgit and your neighbour can produce and deliver one for $7.00. Odds are people are going to buy the imported one and your widgit industry will collapse and die.